Union National Bank Education Loan

Union National Bank
Education Loan

Salary Transfer Required?
yes
Minimum Monthly Salary
AED 10,0000
Fixed Rate
4.96%
Reducing Rate
9%
Max Loan Amount
AED 00
Salary Transfer Required? yes
Minimum Monthly Salary AED 10,0000
Fixed Rate 4.96%
Reducing Rate 9%
Max Loan Amount AED 00

Top Reasons To Choose

  • Loans cover 100% of the tuition and admission charges

We believe that everyone should have access to a sound education, which is why our student loans cover 100% of the tuition and admission charges, along with other related expenses, at both schools and colleges across the UAE.

Documents Required

  • Signed and completed application form and loan proposal form
  • Colour passport photo of applicant
  • Passport copies (yours and your co-owner/guarantor’s) with valid residence visas for expats
  • UAE National ID card if applicable
  • Labour card/employer ID card
  • UAE utility bill or tenancy contract as proof of address
  • Proof of enrolment (previous or current) or a fees quotation from educational institution
  • Valid salary certificate
  • Last 3 months’ pay slips Last 6 months’ bank statements

Eligibility

  • Earning at least AED 10,000 per month
  • A UAE resident
  • At least 25 years old at time of application
  • No older than 65 at loan maturity
  • Employed at your current employer for at least one year

Detailed Features

  • Attractive interest rates starting from 9% per annum
  • A loan covering 100% of annual tuition fees
  • 100% of admission fees
  • 50% of accommodation/hostel fees
  • 100% of visa and travel ticket costs in case of foreign job internship in between school/university terms

Apply Now

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